AI Stock to Buy: Nvidia Predicted to Reach $10 Trillion by 2030 with 156% Upside

Nvidia is a leading chipmaker predicted to reach a market value of $10 trillion by 2030, according to Beth Kindig, lead technology analyst at the I/O Fund. The company dominates the markets for data center GPUs and AI networking gear and is well-positioned to maintain its leadership as the physical AI revolution unfolds. Nvidia's CUDA platform and Omniverse simulation engine accelerate the development of robotics and automotive software, further boosting its growth prospects.

Nvidia Corporation (NASDAQ: NVDA), a leading chipmaker, is predicted to reach a market value of $10 trillion by 2030, according to Beth Kindig, lead technology analyst at the I/O Fund. The company's dominance in the data center GPU and AI networking gear markets positions it to maintain its leadership as the physical AI revolution unfolds. Nvidia's CUDA platform and Omniverse simulation engine further boost its growth prospects by accelerating the development of robotics and automotive software.

Nvidia's impressive revenue growth is largely attributed to its AI market dominance. The company's GPUs are highly sought after for building top-performing AI models, and its extensive product portfolio caters to various AI customer needs [1]. Nvidia's stronghold on the GPU industry and its unrivaled tech customers, including tech giants like Microsoft and Meta Platforms, are key drivers of its success [2].

The company's recent earnings report highlighted its robust performance, with Q1 revenue of $44.1 billion, up 12% from Q4 2024 and 69% year-over-year. The data center business segment alone reported $39.1 billion in revenue, up 10% from Q4 2024 and 73% year-over-year [2]. This growth is expected to continue, with analysts predicting significant upside potential in the medium and long term.

Nvidia's market value reached $3 trillion in April 2025, making it the largest publicly traded company ahead of both Apple Inc. and Microsoft Corp. [2]. With a forward earnings multiple of 36, the stock is currently trading at a reasonable valuation considering its growth track record and potential for sustained growth [1].

Key drivers for Nvidia's growth include its stronghold on the GPU industry, demand from unrivaled tech customers, and its innovative CUDA platform and Omniverse simulation engine. These factors position Nvidia to maintain its leadership and achieve a market value of $10 trillion by 2030.

References:
[1] https://finance.yahoo.com/news/prediction-nvidia-something-no-other-082000595.html
[2] https://247wallst.com/forecasts/2025/07/08/nvidia-nvda-price-prediction-and-forecast/